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SELUX ISOL

Active
Private limited company (pre-2019)founded 2018active for 8 yearsMuilenstraat 280, 1770 Liedekerke, BelgiumKBO/BCE: BE 0703.926.723
Summary

The computed 12-month bankruptcy probability of SELUX ISOL is 17.4% (high). For SELUX ISOL, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €69,571 and a net result of €5,894. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 59% of 33,171 sector peers (NACE 43, financial year 2023). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Insulation installation
NACE 43230
2 sites
Size
≈ €170,000turnover 2023, estimated
Equity
€69,571
Profit
€5,894
Turnover estimated from the gross margin
Financial health
Bankruptcy probabilitywithin 12 months
17.4%
2023 figures too old to score
Structure
2024 accounts not filed, 456 days past the deadline1 of 2 deeds summarised
Signalsraises riskFigures for financial year 2023 (filed 09-10-2024)2 financial years not filed after the legal deadline; last filed accounts filed 68 days late; 3 of the last 3 late1 change of registered office in 24 monthsSize: total assets €132,183Two or more financial years not filed2023 accounts filed 68 days lateShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Strong
Solvency 78+11
equity 52.6% of total assets
Liquidity 35-14
short-term debt 45.1% · cash 5.5%
Profitability 74=
return on assets 4.5%
Bankruptcy probability, 12 months
17.4% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,663 companies, NACE 43, micro)
Last 24 months 11-2024: 3.3% 12-2024: 3.0%▼ -0.3 percentage points vs 11-2024 01-2025: 2.9%▼ -0.1 percentage points vs 12-2024lowest value 02-2025: 3.3%▲ +0.4 percentage points vs 01-2025 03-2025: 3.3%● unchanged vs 02-2025 04-2025: 3.3%● unchanged vs 03-2025 05-2025: 3.2%▼ -0.1 percentage points vs 04-2025 06-2025: 3.2%● unchanged vs 05-2025 07-2025: 3.2%● unchanged vs 06-2025 08-2025: 3.9%▲ +0.7 percentage points vs 07-2025 09-2025: 4.0%▲ +0.1 percentage points vs 08-2025 10-2025: 5.8%▲ +1.8 percentage points vs 09-2025 11-2025: 6.0%▲ +0.2 percentage points vs 10-2025 12-2025: 7.1%▲ +1.1 percentage points vs 11-2025 01-2026: 10.2%▲ +3.1 percentage points vs 12-2025 02-2026: 15.7%▲ +5.5 percentage points vs 01-2026 03-2026: 16.1%▲ +0.4 percentage points vs 02-2026 04-2026: 15.1%▼ -1.0 percentage point vs 03-2026 05-2026: 15.1%● unchanged vs 04-2026 06-2026: 14.8%▼ -0.3 percentage points vs 05-2026 07-2026: 14.8%● unchanged vs 06-2026 08-2026: 17.2%▲ +2.4 percentage points vs 07-2026 09-2026: 16.5%▼ -0.7 percentage points vs 08-2026 10-2026: 17.4%▲ +0.9 percentage points vs 09-2026highest value
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Signals

Six signals.
raises risk
raises risk · Figures for financial year 2023 (filed 09-10-2024)
NBB · annual accounts
raises risk · 2 financial years not filed after the legal deadline; last filed accounts filed 68 days late; 3 of the last 3 late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Size: total assets €132,183
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filings
Position against the passed deadline
31-12-2024 year end31-07-2025 deadline30-10-2026 today
raises risk · 2023 accounts filed 68 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 07-10-2024, 68 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
68 days late
2022
69 days late
2021
76 days late
2020
61 days late
2019
116 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 78 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Bozdag Serafettin (director)Appointment: Sabrina Van den Meerssche…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Annual accounts filedfinancial year 2022 · micro…

Key points

  • Risk: 2024 accounts not fileddeadline was 31-07-2025 456 days past the deadline View
  • Caution: Board changedlatest change 20-01-2026 · 1 in office 1 joined · 1 left View
  • Positive: 5 profitable years in a rowprofit 2023: €5,894 5 years View

By topic

Financials

Financial year
2023
Total assets
€132,183
Profit
€5,894
Solvency
52.6%
Total assets▼ 13.6%
Net result
20192023
Go to Financials

Timeline

Events
8
Since
2020
  1. 15-10-2022Annual accounts filed
  2. 30-09-2021Annual accounts filed
  3. 31-12-2020Weakest financial year
Go to Timeline

Company details

Sites
2
Legal form
Private limited company (pre-2019)
Activity
Insulation installationNACE 43230
Founded
12-09-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about SELUX ISOL

What is the company number of SELUX ISOL?
0703.926.723. In Belgium the VAT number is the company number with BE in front: BE 0703.926.723.
Where is SELUX ISOL based?
The registered office is at Muilenstraat 280, 1770 Liedekerke.Company details
What does SELUX ISOL do?
According to the KBO register, the main activity is insulation installation (NACE 43230).
What is the legal form of SELUX ISOL?
Private limited company (pre-2019) (BVBA).
When was SELUX ISOL founded?
On 12-09-2018.
Is SELUX ISOL still active?
Yes, SELUX ISOL is an active enterprise in the KBO register.
What is the turnover of SELUX ISOL?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is SELUX ISOL profitable?
In financial year 2023, SELUX ISOL made a profit of €5,894.
Where can I find the annual accounts of SELUX ISOL?
SELUX ISOL filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

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